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HYEM
Emerging Markets High Yield Bond ETF
VanEck Emerging Markets High Yield Bond UCITS ETF
Marketing Communication
HYEM
Emerging Markets High Yield Bond ETF
VanEck Emerging Markets High Yield Bond UCITS ETF
ISIN:
IE00BF541080
Fund Description
The VanEck Emerging Markets High Yield Bond UCITS ETF offers the potential for higher returns than developed-market bonds, while also having the advantage of higher credit quality. The EM bond universe has grown substantially in the last years, and is now an attractive alternative to the developed world’s high yield markets.
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NAV$136.95
as of 27 Feb 2026 -
YTD RETURNS2.05%
as of 27 Feb 2026 -
Total Net Assets$43.1 million
as of 27 Feb 2026 -
Total Expense Ratio0.40%
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Inception Date20 Mar 2018
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SFDR ClassificationArticle 6
Overview
Fund Description
The VanEck Emerging Markets High Yield Bond UCITS ETF offers the potential for higher returns than developed-market corporate bonds, while also having the advantage of higher credit quality. The EM bond universe has grown substantially in the last years, and is now an attractive alternative to the developed world’s high yield markets.
- Potential for higher returns than developed market high-yield bonds
- Currently higher average credit rating than developed-market high yield1
- Tracks a well-diversified index of corporate bonds
- Underlying bonds issued in USD
1 Source: ICE Data Indices, LLC, December 2024.
Main Risk Factors:
Liquidity Risks, Risk of Investing in Emerging Markets Issuers, High Yield Securities Risk. Please refer to the
KIDand the Prospectus for other important information before investing.
Underlying Index
ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index
Fund Highlights
- Potential for higher returns than developed market high-yield bonds
- Currently higher average credit rating than developed-market high yield
- Tracks a well-diversified index of corporate bonds
- Underlying bonds issued in USD
Risk factors: Foreign Currency Risk, Emerging Markets Risk, High Yield Securities Risk. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index
Capital Markets
VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdfPerformance
Holdings
Portfolio
Documents
Index
Index Description
The ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index is comprised of U.S. dollar-denominated bonds issued by non-sovereign emerging markets issuers that are rated below investment grade and that are issued in the major domestic and Eurobond markets.
Index Key Points
Underlying Index
ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index
Index Characteristics
In order to qualify for inclusion an issuer must have risk exposure to countries other than members of the FX G10, all Western European countries, and territories of the US and Western European countries. The FX-G10 includes all Euro members, the US, Japan, the UK, Canada, Australia, New Zealand, Switzerland, Norway and Sweden.
Individual securities of qualifying issuers must be denominated in US dollars, must have a below investment grade rating (based on an average of Moody’s, S&P and Fitch), must have at least one year remaining term to final maturity, at least 18 months to final maturity at point of issuance.
Liquidity
Bonds must have at least USD 300 million in outstanding face value and a fixed coupon.
Weighting Methodology
The Index constituents are capitalization-weighted based on their current amount outstanding times the market price plus accrued interest, subject to a 10% country of risk cap and a 3% issuer cap. Countries and issuers that exceed the caps are reduced to 10% and 3%, respectively, and the face value of each of their bonds is adjusted on a pro-rata basis.
Monthly Rebalance
Rebalance day occurs on the last calendar day of the month, based on information available up to and including the third business day before the last business day of the month. Issues that no longer meet the criteria during the course of the month remain in the Index until the next month-end rebalancing at which point they are removed from the Index.
Index Provider
ICE Data Indices, LLC
For more information about the index please click here
Awards
Main Risks
Main Risk Factors of a Emerging Markets High Yield Bond ETF
While the diversification in a multi-asset strategy reduces risk, it is important to remember that all investments carry some risk. The Multi-Asset Funds by VanEck are subject to the four risks below:
Exists when a particular financial instrument is difficult to purchase or sell. If the relevant market is illiquid, it may not be possible to initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all.
Investments in emerging market countries are subject to specific risks and securities are generally less liquid and less efficient and securities markets may be less well regulated. Specific risks may be heightened by currency fluctuations and exchange control; imposition of restrictions on the repatriation of funds or other assets; governmental interference; higher inflation; social, economic and political uncertainties.
The prices of junk bonds are likely to be more sensitive to adverse economic changes or individual issuer developments than higher rated securities possibly leadong to junk bond issuers not being able to service their principal and interest payment obligations. The secondary market for securities that are junk bonds may be less liquid than the markets for higher quality securities.